Silvergain's contest profile
Current place |
26
|
Current month's P&L, USD |
Real increase of capital in the current month
-
|
Max. draw-down |
Max. draw-down value for the selected month. Calculation is done once per day (on settlement)
-
|
Total prizes won |
Total prizes won during all months of participation in the contest
9 600$
|
Total score gained |
Total score gained during all months of participation in the contest
2365 points
|
My approach centers around the utilization of the William Percent
Range strategy, complemented by a momentum indicator, to discern
optimal entry and exit points in trading positions. The momentum
indicator generates values within the range of 0 to -100. When the
market ascends above -20, it serves as a signal indicative of an
overbought condition, while a descent below -80 signals an oversold
market.
The execution of trading positions follows a specific set of criteria.
A buy position is initiated when the market moves above -80 towards 0.
Conversely, a sell position is triggered when the market descends
below -20 towards 100. This decision-making process typically involves
a lookback period of one hour.
In terms of managing trades, the take-profit levels are strategically
set at 10, 20, 35, 45, and 55. 70 Additionally, a stop-loss order is
implemented at 70 to mitigate potential losses. This comprehensive
strategy aims to capitalize on market conditions and trends, employing
a systematic approach to maximize profit potential while minimizing
risk.
Cumulative Profit/Loss dynamics
Selected period:
01.04.2024
-
30.04.2024
Standings (points): |
|
22 (258) |
Performance, $ (points): |
|
134,04K$ (177) |
Drawdown, % (points): |
|
7.18% (46) |
Bonuses: |
|
35 |
Average Profit Trade: |
|
16,29K$ |
Average Loss Trade: |
|
-1574.77$ |
Profit factor: |
|
0,00K |
Number of trades: |
|
16 |
Traded volume: |
|
55,69M$ |